Posted in IMF, World Bank on 22. Mar, 2011
Finance ministers of the European Union (EU) Monday described the details of the bailout funds that have a permanent capital base of 700 million Euros (987 billion) to tackle the debt crisis in future sovereign. “I can tell you that we agree on all elements of the ESM (European Stability Mechanism), and I am delighted [...]
Posted in World Bank on 15. Feb, 2011
World Bank Board of Directors approved the private and financial sector policy is based on warranty (PFSPBG) Serbia more than EUR 300 million (more than $ 400 million) in Serbia, the World Bank said that the opinion of the average February 14, 2011. “This helps to access international markets of Serbia at lower cost and [...]
Posted in Corporate Finance News, Finance News, Global Finance, World Bank on 15. Nov, 2010
China’s Xinhua news agency reported,” Brazilian Finance Minister Guido Mantega on Wednesday called for reforming the international financial system to get less dependent on U.S. dollars.” G-20 in Seoul, said Mantega the need to create a system based on several currencies including the euro, the yuan, and even the Brazilian real. “There may have to [...]
Posted in World Bank on 01. Jun, 2010
As of March 2010, the World Bank’s portfolio in Kenya consists of 16 active operations (including a grant from the Global Environment Facility), with total commitments of over US$1.4 billion. The largest share of commitments is in infrastructure (US$770 million) including transport (US$460 million), energy (US$160 million) and water and sanitation (US$150 million); followed by [...]
Posted in Finance News, Global Finance, World Bank on 21. May, 2010
Greece: The giant container cranes lie still in the haze of a warm spring afternoon in the port of Piraeus near Athens – a vital commercial hub for the economy since the days of ancient Greece. Business for the local dockworkers is badly down these days as a result of the deep economic crisis that [...]
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